Canadian National Railway Company (CN) will invest CAD 470 million (EUR 308.5 million) to expand and modernise its rail infrastructure in British Columbia and Manitoba province.
Following the announcement, CN will allot CAD 340 million (EUR 223.16 million) in its British Columbia network, a programme which includes key track expansion projects that will boost capacity, allowing CN to better service growing forest products, intermodal, grain and industrial customers. Other programme elements will focus on the replacement, upgrade and maintenance of key track infrastructure to improve overall safety and efficiency.
Planned expansion projects include the construction of four new train passing sidings and the extension of three existing passing sidings, both between Prince Rupert and Jasper, in Alberta and a siding extension north of Kamloops on CN’s Vancouver to Edmonton corridor.
EUR 85.3 million (CAD 130 million) will be invested in Manitoba, which includes the expansion of company’s primary rail yard in Winnipeg. CN will add new and extended tracks within its Symington Yard, the centrepiece of CN’s transcontinental network, improving the efficient handling of rail cars from across Canada and the United States. Other capital programme investments will focus on the replacement, upgrade and maintenance of key track infrastructure to improve overall safety and efficiency.
Manitoba is a major hub of CN’s transcontinental rail network and home of key facilities. In the last five years, the capital investments in Manitoba reached CAD 675 million (EUR 443 million).
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